THE CENTRAL BANK GOVERNOR DISCUSSES WITH THE AMERICAN SIDE SUPPORT FOR MONETARY STABILITY.
(Is the US almost ready now to support the reinstatement of the Iraqi dinar? Is this really what this meeting was all about? Of course there is much more to it than this one meeting as the IMF, Treasury and World Bank must also get involved. But is Harris just the messenger to start the process? )
The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail Al-Alaq, received the Chargé d’Affaires of the United States Embassy in Iraq, Mr. Josh Harris. They discussed prospects for strengthening the strategic partnership between the two countries and emphasized the importance of supporting monetary and economic stability, in line with the requirements for political and security stability in Iraq.
For his part, the Governor expressed his gratitude for the continued support provided by the United States, represented by the Treasury Department and the Federal Reserve, particularly during the quarterly meetings. He also reviewed the banking reform plan and the notable progress made in stabilizing foreign exchange transactions and regulating dollar sales according to best practices and international standards.
At the conclusion of the meeting, Mr. Harris expressed his full readiness to continue supporting the efforts of the Central Bank of Iraq, enabling it to achieve its goals in promoting financial and monetary stability.
Central Bank of Iraq,
Media Office,
February 5, 2026
